Purchase Manager – Roles & Responsibilities
1. Procurement Planning & Strategy
- Develop and implement procurement strategies aligned with production plans
- Forecast material requirements based on production schedules & BOM (Bill of Materials)
- Ensure cost-effective sourcing without compromising quality
2. Vendor Management
- Identify, evaluate, and onboard new suppliers
- Maintain strong relationships with existing vendors
- Conduct vendor performance evaluation (quality, delivery, cost)
3. Cost Control & Negotiation
- Negotiate pricing, payment terms, and delivery schedules
- Achieve cost reduction targets (yearly saving plans)
- Analyze market trends for raw materials (steel, casting, forging, etc.)
- Implement rate contracts / long-term agreements
4. Purchase Execution
- Issue Purchase Orders (POs) as per approved requisitions
- Ensure timely follow-up for material delivery
- Coordinate with suppliers for dispatch planning
- Monitor pending POs and expedite critical items
5. Inventory Management
- Maintain optimum inventory levels (avoid excess & shortage)
- Coordinate with stores for stock verification
- Control slow-moving and dead stock
- Implement inventory control techniques (Min-Max, ABC analysis)
6. Coordination with Internal Departments
- Work closely with:
- Production (for planning & urgent requirements)
- Quality (for vendor quality issues)
- Stores (for GRN & stock)
- Finance (for invoice clearance & payments)
- Resolve material-related bottlenecks affecting production
7. Quality Assurance in Procurement
- Ensure materials meet technical specifications & drawings
- Coordinate for inspection at vendor end (if required)
- Handle rejection, replacement, and claim processes
8. Documentation & Compliance
- Maintain proper documentation of:
- Purchase Orders
- Quotations & comparisons
- Contracts & agreements
- Ensure compliance with company policies & audit requirements
- Support internal and external audits
9. Logistics & Supply Chain Coordination
- Plan transportation and logistics for inbound materials
- Track shipments and ensure timely delivery
- Manage freight cost optimization
10. Risk Management
- Identify supply risks (price fluctuation, vendor failure)
- Develop contingency plans
- Ensure continuity of supply for critical items
11. Team Management
- Lead and guide purchase team members
- Allocate responsibilities and monitor performance
- Train team on systems, negotiation, and vendor handling
12. MIS & Reporting
- Prepare reports on:
- Purchase spends
- Cost savings
- Vendor performance
- Inventory status
- Present data to management for decision-making
Key Skills Required
- Strong negotiation skills
- Technical understanding (drawings, materials, machining, fabrication)
- ERP knowledge (SAP, Oracle, etc.)
- Market awareness (steel, casting, bearings, etc.)
- Analytical & decision-making ability
Pay: ₹50,000.00 - ₹60,000.00 per month
Benefits:
- Health insurance
- Provident Fund
Ability to commute/relocate:
- Chakan, Pune, Maharashtra: Reliably commute or planning to relocate before starting work (Required)
Application Question(s):
- What is your current Salary, Expected Salary and Notice Period?
Experience:
- 7years: 7 years (Required)
Work Location: In person
